The meat production in Indonesia has shown a steady upward trajectory, with production reaching 3.78 million metric tons in 2023, reflecting a growth of 1.31% from the previous year. Over the past decade, the industry has experienced fluctuations, with notable increases in 2016 (9.79%) and 2018 (7.75%), counterbalanced by slight declines in 2017 (-0.36%) and 2020 (-3.62%). The Compound Annual Growth Rate (CAGR) from 2019 to 2023 stands at 1%, indicating a consistent growth pattern. Looking ahead, the forecasted CAGR for the next five years is 1.03%, with an anticipated total growth rate of 5.26% by 2028, reaching 4.04 million metric tons.
Future trends to watch for include:
- Government policies aimed at bolstering local production and reducing imports.
- Technological advancements in meat processing and animal husbandry.
- Increasing consumer demand for meat, driven by economic growth and rising incomes.
- Impacts of climate change and sustainability efforts on production practices.
